Power Metal Resources plc has started its inaugural drill programme at the Molopo Farms Complex nickel-copper-platinum group element (PGE) project in southwest Botswana.
PROGRAMME
The company began diamond core drilling drillhole DDH1-6B targeting a large southerly dipping conductor at priority target T1-6.
Site preparations are underway for drilling to start soon on the second drillhole DDH 1-6C.
SURVEY DATA
Power Metal has completed additional ground magnetic and moving loop electromagnetic geophysics surveys over target areas 1-3, 2-3 and 1-14.
Preliminary geophysical data has been received and is being compiled and results interpreted.
FOCAL POINT
Chief executive Paul Johnson said he expected that priority drill target T1-6 would be the first in a series of prospective drill targets.
“We are targeting a large-scale nickel-copper-PGE discovery or discoveries, which would be transformational for the company and, importantly, may lead to Molopo Farms being a focal point for investment and lead to significant job creation and opportunity.”
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